Which of the following statements regarding the first time home buyer credit is correct?
A) Taxpayers who acquired a home in 2009 and claimed the credit are required to pay the credit back if they live in the home for less than 15 years.
B) Taxpayers who acquired a home in 2010 and claimed the credit are required to pay the credit back if they live in the home for less than 5 years.
C) Taxpayers who acquire a home in 2013 are not eligible for the credit.
D) None of these
Correct Answer:
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